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| Mortgage Rates: 1/26/2012 |
30 Year Fixed Rate | 3.98% |
15 Year Fixed Rate | 3.24% |
5 Year ARM Rate | 2.85% |
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AL Mortgage Rates - AL Regulator
For questions or concerns regarding a mortgage lender in Alabama, contact:
Alabama State Banking Department
P.O. Box 4600, Montgomery, AL, 36103
334-242-3452
Toll Free: 1-866-465-2279
Website: http://www.banking.alabama.gov
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A Bit of History: Alabama Mortgage Rates - 1988
Think today's mortgage rates are too high? Let's take a look back to the year 1988. According to Freddie Mac, one of the largest buyers of home loans, average rates on the 30 year fixed rate mortgage loan were as low as 9.89%, and got as high as 10.61%.
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